Gas Analyzer, Sensor and Detector Market by Technology, by Systems and by End-user Industry - Global Trends and Forecasts to 2020

“The Global Market Size For Gas Analyzer Devices In Terms Of Value Was Estimated To Be Worth $2.5 Billion In 2014 And Is Projected To Surpass $3.0 Billion By 2020, At A Cagr Of Around 5.0% From 2014 To 2020
”

Gas analyzer, sensor and detector (GASD) devices are primarily used for measuring safety in any industry and to protect their plant and personnel from unwanted damage. GASD devices have high sensitivity, stability and detection range. These devices can be converted from single gas to multi gas just by addition of different sensors within the same device. These multi gas analyzers make GASD highly familiar and economically safe to operate. GASD devices are highly efficient and can be used in several applications. There are two types of GASD systems available in 2 versions on major scale, namely, fixed and portable. Based on the working principle technology, the devices can be classified into Electrochemical, Infrared, Catalytic, Zirconia, Paramagnetic, Laser, Metal Oxide Semiconductor (MOS), Photo Ionization Detection (PID), and others. Each technology has its own unique feature with respective detection range and application.

Asia-Pacific
region dominated the global GASD market size by value in 2014 with around 35% share in the global market. Asia-Pacific is projected to have the highest market size in terms of value by 2020, followed by the North America region. Europe is projected to be the next fastest growing market, at a CAGR of around 4.0% from 2015 to 2020, owing to rise in consumption in the region, where end-user markets of GASD are growing steadily, especially in households to reduce the deaths caused due to carbon monoxide. The Middle East & African market is projected to grow at a rate of about 4.5% in terms of value.

This study estimates the market value for GASD and projects the same by 2020. As a part of quantitative analysis, the study segments the market by technology, systems, and end-user industry at regional level with the current market estimation and forecast till 2020. The countries covered in the report are North America, Europe, Asia-Pacific, Middle-East & Africa, and RoW. The segmentation by technology includes electrochemical, infrared, metal oxide semiconductor, catalytic, laser and others. The segmentation by system includes fixed, and portable. The segmentation by end-user industry includes oil & gas, buildings & construction, food & beverage, healthcare, water treatment, and others. Further as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, burning issues, challenges, and key issues in the market. It also includes the company profiling and competitive strategies adopted by different market players, including Honeywell International Inc. (U.S.), ABB Ltd. (Switzerland), GE Measurement & Control (U.S.), Figaro Engineering Inc. (Japan); Dragerwerk AG & Co. KGaA (Germany), Testo AG (Germany), and others.
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“The Global Market Size For Gas Analyzer Devices In Terms Of Value Was Estimated To Be Worth $2.5 Billion In 2014 And Is Projected To Surpass $3.0 Billion By 2020, At A Cagr Of Around 5.0% From 2014 To 2020
”

“The Global Market Size For Gas Analyzer Devices In Terms Of Value Was Estimated To Be Worth $2.5 Billion In 2014 And Is Projected To Surpass $3.0 Billion By 2020, At A Cagr Of Around 5.0% From 2014 To 2020
”

FEATURED COMPANIES

Gas analyzer, sensor and detector (GASD) devices are mainly used for measuring safety in any industry to protect their plant and personnel from unwanted damage. GASD devices have high sensitivity, stability and detection range. These devices can be converted from single gas to multi gas just by addition of different sensors within the same device. These multi gas analyzers make GASD highly familiar and economically safe to operate. GASD devices are highly efficient and can be used in several applications. There are two types of GASD systems available in 2 versions on major scale, namely, fixed and portable.

The global market size for gas analyzer devices in terms of value was estimated to be worth $2.5 Billion in 2014 and is projected to surpass $3.0 Billion by 2020, at a CAGR of around 5.0% from 2014 to 2020.

The GASD market is driven by petrochemical, refineries, food & beverage, gas pipeline and chemical industries and a range of applications. Increasing R&D efforts and huge demand from the construction sector due to growing infrastructural needs, makes GASD useful in a countless number of applications. Other applications such as water treatment, health care and food packages, also help in the growth of the GASD market. Growing advancements and technological inventions in GASD equipment market would be very effective in future. GASD has been well perceived in various dominant end-user markets in the last few decades and is expected to be used for green concept buildings in the near future.

Globally, the Asia-Pacific region dominated the global GASD market revenue in 2014. The U.S., Japan, China, U.K., Germany, Brazil, and Saudi Arabia shared around 40.0% of the total GASD revenues in 2014. Asia-Pacific’s GASD market for end-use applications is expected to grow at a CAGR of around 7.0% from 2014 to 2020.

Note: Product cover images may vary from those shown

“The Global Market Size For Gas Analyzer Devices In Terms Of Value Was Estimated To Be Worth $2.5 Billion In 2014 And Is Projected To Surpass $3.0 Billion By 2020, At A Cagr Of Around 5.0% From 2014 To 2020
”

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